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the fiscal cliff fell through. what does it mean for all of our money. >> steve: darn it. a major snow storm strikes in the midwest and move negligent great lakes states and northeast. travelers are being delayed and christmas delivers as well. they stopped the amazon man. >> call them caudy and old fashioned but they are not pretty. we are showing you the ugliest sweaters of the year . "fox and friends" starts right now. ♪ >> this is jack napolitano, wishing you merry christmas and a happy new year from "fox and friends" . >> steve: that's right. today is the first day of winter. will we make it through if the mayans are right? nope? >> you foal like you have had winter two monthses and you are like winter is only starting . the shortest day of the year. >> steve: plus the great big blizzard. it hit my dad's house out in kansas it is nice to have snow around kiss mas time especially when it is time to put on your ugly day sweater. >> brian: $172 for this. >> steve: it is a one of a kind. >> brian: would you make another if. >> it lights up. >> steve: it has a battery. >> brian: if you are
now. ♪ ♪ "fox and friends". >> steve: welcome to studio e and ho, ho, ho. the elves has been here and it looks like christmas. >> gretchen: i can't believe you went shop wrapping all of the gifts. you have so many skills i was not aware of >> chris: they are all empty and we saved the dough. >> brian: what these things. they are fine. >> gretchen: they're acrylic balls. >> steve: they are set pieces and like aquarium. >> gretchen: someone came in here and probably was sent a picture and decided how to customize. >> steve: we should see where marth stewart was late yesterday. it looks like someone did flocking had here. >> brian: i wouldn't be surprised if we didn't find out who was responsible. >> gretchen: maybe they will be secret for secret santa. we have to get to headlines that are not the best of the news. a navy seal killed in afghanistan, died in a risky mission to rescue a doctor and two colleagues abouted by the taliban. he was member of the seal team 6. there are many questions about what dr. joseph was doing in a dangerous place. his employer said they are committed to
. could it work. >> steve: no police in sight. a mob of protestors tore down a tent with children and elderly people and people with wheelchairs inside. >> two men came in with ski masks and had box cutters. >> steve: that is what happened in michigan a couple of days ago. >> brian: we'll not see commercialism like this anymore? ♪ >> brian: yeah, outlawed because they are just too loud. >> steve: really? >> brian: "fox and friends" starts -- ♪ >> this is the stage manager, ho, ho, ho. happy holidays. you are watching. "fox and friends". >> steve: very nice. >> brian: and joe did not know the news that we found out early this morning. that bralanedwars acquired by the new york jets had a ham string. >> steve: joel is america's biggest jet's fan. >> gretchen: that is insider information. >> brian: he had a bounce in the step. >> gretchen: luckily i know who that is. should we kick off the show with headlines. we now know the identity of the shooter in the mall . he had no history of trouble but his ex-girlfriend said he quit his job in the derks li and sold all of his belongings
died. we will have a live witness. >> steve: and a new tone set by democrats and it looks like this. a folks news contributor gets beaten up by a pro union protestors. steven crowder is live here to explain what happened in michigan. kaboom. >> brian: first we called him an owner and then a governor and then mr. president . soon someone might be able to call him grandpa. "fox and friends" will have that story. it starts now. ♪ "fox and friends". >> gretchen: good morning, everybody. we'll start with a folks news alert. breaking newings. witnesses say he stormed in a portland, oregon mall shouting i am the shooter. terrified shoppers tried to run for safety. the man wearing body armor and came flauge killed two people and seriously injured a third before taking his own life. many escaped and others hunkered down. the mall remains closed today and police have yet to release the name of the shooter although they know who he s. >> steve: shawn [-fls] shopping in the mall when they heard the gunshots and they join us live from portland. thank you for joining us. >> thank you for having
for secretary of state. that will push her involvement in libya right under the rug. >> steve: parents pleading for help. the united states government is joining the fight. can they fro our marine from mokesco. that's straight ahead ? >> brian: a high school basketball team lose by 105 poigns . other than the parents want to know why that was allowed to happen. tough love or basketball beat down. they definitely lost. "fox and friends" starts right now. >> i want to wish everybody happy hanukkah and happy christmas and go giants. mr. #1: yeah, there is scotty. >> brian: why are you taking sides, scott ? you just want all times to play well, right. >> gretchen: no, he doesn't. he is not a fair weather fan. i like that. he has conviction and says what he thinks. >> brian: those superbowl championships, you are walking. >> gretchen: scott happens to be a fantastic singer and dancer. >> steve: he is. >> brian: that scott. >> gretchen: that scott, right there . i am glad he's on my camera. >> brian: have you actually seen evidence . ♪ before -- >> gretchen: i told you. you got to know your camera
that may have made him snap. we are live in newtown with the latest. >> steve: while you were sleeping the information on the benghazi embassy were released. we blew it. at least washington d. >> brian: state department i guess. think it is it acward when mom tried to find you on facebook. being poked by the ayatollah of iran. fox and friends starts right now. ♪ fox and friends. >> steve: the poking on facebook is a weird thing. you - on poke >> gretchen: poking? >> steve: you know what all of the people in the world are doing. >> gretchen: i can poke in different ways. i guess i will figure it out in facebook, too. 92 pokemon. in serious news, a report released on the benghazi terror attack. independent report left four americans including our embassy dead happened after systemic failures produced subparsecurity in our consul late, steves had more from washington. >> good morning, steve and everyone. that cathing report blames state department for a lack of proper security for the deaths of four people in benghazi. the ambassador to libya was among those killed. a special panel was
with the latest for you. >> steve: we are also getting to know the victims of the horrible tragedy like the hero teacher who stopped at nothing to save her children's lives. >> brian: we are getting a first look at the marine locked nup mexico. he's chained to the bed all for having a legal gun. mexican authorities say it is good treatment. we disagree. fox and friends starts right now. ♪ fox and friends. >> gretchen: good morning and thanks for sharing your time with us today on tuesday . this is the second day of goodbyes in newtown, connecticut as two more young victims of the horrible massacre are laid to rest. we'll go out to peter doocy, he will talk about james, who is called jay. he was a numbers guy and the other is jessica reko who loved everything about horses and playing with her brothers. other newtown schools will head back to school. and we'll hear more on what led to the shooting. hi, peter. >> gretchen, last night i was walking around and the streets are packed with people milling about in complete silence. the only noise you hear are cars and trucks passing by . yesterday, s
as fox news, i'm jon scott, have a great holiday and great night. ♪ >> steve: welcome everybody to "fox & friends" christmas show. thank you for letting us share this holiday with you and your family. >> gretchen: we have amazing lineup for you billie ray cyrus is here. paula deen is is here. [ applause ] and all of your favorite permanents from the fox news channel they are going to stop by as well. >> brian: first, we want to welcome our very special audience who is here today. you have been affected by hurricane sandy and not in a positive way. but out of the destruction there is is some amazing stories of inspiration. some of you will share those stories and i look forward to hearing them and so does our audience. >> we also want to welcome everyone watching at home while you kids out there. we have a very special surprise for you. so ask mom and dad if you can stay up a little later. >> we also want to say hello to everyone serving overseas who can't be home for christmas. we thank you for protecting our freedom and we thank you for your service. >> so without further ado. let's ge
and applause] >> when steve jobs handpicked walter isaacson to write his life story, he had already been diagnosed with cancer, but after 40 interviews, the biography provides a vivid picture of a complicated man. >> i think it's a tough book. >> it's a book that's fair. i mean, this is a real human being. >> you will hear tape recordings of jobs himself talking about being adopted, creating apple, and his regret over ignoring what could have been life-saving cancer surgery. >> you're born alone, you're gonna die alone, and what exactly is it that you have to lose? there's nothing. [ticking] it's so much more intimate than a laptop. >> when steve jobs unveiled the ipad, there was no way he could have predicted what it would mean to people with autism. it turns out it may be the perfect device to help unlock the isolation many with autism feel by helping them communicate in ways that they couldn't before. >> i want a drink. >> i always had said when he was younger, it was like he was a computer and i was computer illiterate, and i didn't know how to press the right keys. sorry. that was t
are not just going to go over the fiscal cliff? we heard tim geithner on this program yesterday when steve asked him, look f you don't get what you want, do we go over the fiscal cliff? he said absolutely. >> he said he would do it! >> what happens when we wake up january nd, we go over the cliff, and the world doesn't end? >> that is so irresponsible. >> you have to be a long-term investor. long-term stocks have outperformed bonds. >> with all do respect, george, are you one of those come play september investors larry is referring to? >> i'd say we're opposite of that. we never take anything for granted, but we bet accordingac. bonds are trouble. a lot of people are going to lose a lot of money in bonds. you have to be prepared for that. interest rates are going to go up. dividends are going to continue to increase. the economy in this country is strong. it's going to get stronger. >> even at 44% dividend tax? >> it's not going to go that high. >> if we go over the fiscal cliff, it does go that high. it goes to 44%. >> no, no. don't think the worst. >> less than a month, it goes there. >
. welcome to forbes on fox and we'll go with steve forbes and rick unger and elizabeth mcdonald and victoria and steve and rich. >> what do you think? >> jobs are going to be destroid even if they don't go overseas. health care costs are going up. obama care is increasing alert . insurers have to take all comers and that will put a strain on it and mandates, consumers may not want them and politicians say you must have them and insurance costs are going up and we the people will be losers. >>> and the hobby lobby face a fine 1. 5 million if they don't do what the government said they have to do via the health care law. >> i was corrected. 1.3 million a day. that is the daily fine they have to pay. >> let's make an important distunction we are not buve for dinner bets. mipemine is open for the anybody who doesn't think they will get exempted. i think it is. they have been giving health care to the employees over in the charity for years. theiro ligation is not health care, but it is a religious problem and it is going to be dealt w. i hope that the corporations in the country will take a less
's great to have steve and brian here with me. it's a terrible morning but we do have more information to impart to you and some people want to know how this could happen in newtown connecticut and how 20 little innocent kids could be murdered. we have more information about the shooter and family mystery. >> we do. before we get started let's look at the coverage of the tabloids here in new york city. america weeps. there is the president of the united states. he shed a couple of tears in the briefing room yesterday. slaughter of the innocence. and a picture you saw a lot of yesterday from the beup in newtown yesterday where a police officer leads those children single file out of sandy hook school. >> so many horrific elements to this story but i think the worst for me is the fact that there are 20 kids dead between the ages of 5 and 10 years old and as we learn more about the shooter, it seems as though there were clues he was capable of doing this. >> there will be an update at 8:00 this morning with the authorities. >> all right. peter doocy meanwhile is live in sandy hook for us
: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and, you know, it is late for this kind of thing to go on. and really, steve, i know you have been on board for this last several day
for the slide today perhaps a note from ubs analyst steve malonovich cutting the estimates and the price target. let's go to bert that coombs at the breaking news desk. >> thank you, scott. we have an update now on that shooting at the sandy hook elementary school in newtown, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc news that at least three people have been transported to the hospital. again, to as many as 27 people killed. we will bring you more details as they become available. back to you. >> thank you very much, bertha. we'll keep checking back with you and monitoring the situation. obviously an incredibly tragic situation still unfolding in ne
gives his first television interview since the death of steve jobs. tonight, he talks about the final gift from the founder. he responds to apple's critics, why can't you be a made in america company? and hints about what may be the next big thing. >> we're living the jetsons with this. when you turn on the tv -- >> television is still television. >>> also tonight, the conversation every family should have, the decision faced by every family. so why do so many get it wrong and regret it? harry smith gives us a very intimate look inside one place where they're trying to change that. >> give me as much time as i can get. but keep me comfortable. >>> also tonight, ann curry travels to new zealand to visit film director peter jackson. can his hotly anticipated new movie "the hobbit" possibly live up to "the lord of the rings"? >> one of my favorite characters. >> ann goes inside his magical world. >> now we're really in trouble. >> yeah, where are we looking? oh, dear. >> that and more tonight as "rock center" gets under way. >>> good evening and welcome to "rock center." the impact of ap
panel. kimberly fox, i am peer july wealth management. scott martin, united advisors and steve hayes from the "weekl standard." you guys are still at work. everybody in washington gave up and went home. we're all here. i don't know, kimberly, what do you make of what happened today? >> you know, i don't know. they can't play fair and they can't play nicely in the sand backs, make them go home and rethink it and come back and be willing to work. life is about a plan b. if plan b doesn't work you better have a plan-cor plan d. melissa: scott, i'm surprised the markets didn't fall more. are they still holding out hope that these chuckle heads as called earlier today by something else will get something done? now it seems we're should be preparing the swan dive to go over the news call cliff? >> chuckle heads is putting it nicely, melissa. it was ahin tde. there wasn't a lot of people participating in the market move. it is not surprising when everybody sold yet. that probably comes next week. here is the interesting thing. i'm kind of surprise that we're surprised nothing got done. year
. they desperately want him to cave basically. in an effort to build the case against his old boss, steve cohen, and, instead, he's cooperating with cohen. is this a full-out cooperation? >> remember what we reported yesterday? they are paying for the attorney. we don't know if there's reasons for that or possibly an employment agreement that covers even employees fired two years ago for poor performance, and charged with something on the job, charged with insider trading, faces 20 years in jail for actions he did while he was at sac capital, but this is a nuance, that's more than a nuance. here's what's going on. in addition to paying for that attorney, there is an agreement between the capital and the attorney charles stillman. what's this mean? this is interesting. what it does is that it means that any time there's a document request from the feds, goes what, cohen knows about it. any time, you know, that the feds bring in martoma, want to talk about him again, cohen knows about it. his attorneys know that if matthew does, indeed, flip, he's got the playbook of the government against him. this i
, not looking at 6.5% threshold but the broader conditions, a big debate, steve liesman's nemesis talks a lot about people being beamed to mars in. your mind what is happening to the job market? are we creating jobs? is that why it's coming down, or is it because people -- the degree of discouraged workers? what's your sense of how quickly it's fallen because of new employment? >> so on the first question the chain cpi versus the fixed weight cpi is a technical issue. the change cpi is better for most economists because it allows for changes in the mix of goods and services that people actually consume more effectively. however, whether that's more appropriate for say social security indexing or not, i think that's ultimately a political decision. i suppose the rejoinder would be that neither the cpi nor the change cpi may be particularly a good measure for the cost of living of social security recipients, so those are the kinds of questions that congress is going to have to deal with. second part of your question was -- >> what actually is happening to the debate over the extent to which une
that much impact on the labor market. november jobs numbers coming in much stronger than expected. steve leisman who's had a very busy week here to talk about the numbers and put it in context for us. >> hi, sue. no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and there is no effect which brings us to the numbers which you could believe on face value as much as you can. they'll revise this again. they only come forward with 60% to 70% of the sample. unemployment rate falling 7.7% because largely a drop in the labor force. average hourly earnings up 0.2%. despite positive headlines, xwoeld man sax says we interpret this report as one only slightly better than expect
first. guest host david walker of comeback america initiative and democratic strategist steve mcmahon both here to help us find solutions. >> then, what goldman's jim o'neill is so he seeing to help you prepare for your investments straight ahead. plus, adding opportunities door to door. >> have a good day. >> thank you. >>> domino's pizza ceo patrick doyle is here. the second hour of "squawk box" begins right now. >> good morning, everybody. welcome back to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew is out this week. we've been watching futures this morning and they are indicated slightly higher. dow futures are up about 35 points above fair value, s&p futures and the fass dak futures are higher, as well. in your morning headlines today, the fiscal cliff dominating the sunday talk show circuit. treasury secretary tim geithner expressing on meet the press that republicans will accept the president's plan to raise income taxes. >> what we're trying to do is make it more likely we come together on a good agreement for the american people that extends t
"! give it up for steve harvey! steve: hey, davis family. come on now. let's win the money. how you folks doing today? thank y'all very much. thank you very much. hey. welcome to "family feud," everybody. i'm your man steve harvey, and like always, we got another good one for you today. returning for their third day with a total $20,850, they're from woodstock, georgia, it's the ianitello family. [cheering and applause] and straight out of dublin georgia, it's the davis family. [cheering and applause]
. so i think that was a very smart strategic move. >> all right, steve. >> i'll look at the senate level, the smartest move, mccaskill's move, saying you know what i think i want to run against todd akin, and she quietly helped him get the nomination. the rest is history. not only did it help her race, affect her race she had no business winning, there was obviously a ripple effect that helped democrats nationally. >> chris, the best move of the year? >> i think the best move, joe biden, who answered a question honestly without premeditation and frankly in his "meet the press" interview with david gregory when he was asked about marriage equality. and i think all the reporting afterward, was this a trial balloon, were they trying? no, no, no, joe biden was asked a question and answered with a moral legitimate move, a truthfulness that had these remarkable effects that it pushed the president to come clean about his personal evolution, i think that personally made a difference in the campaign. >> my visual on the campaign, we actually had a visual assist on this. "the washington pos
26 days away from the fiscal cliff. steve liesman joins us now live from the treasury. he has an exclusive interview with one of the key negotiators at the white house, secretary of treasury timothy geithner. >> maria, thank you. i'm here with the secretary of treasury at a crucial time. thank you for joining us. >> thank you. >> speaker boehner has put forward a proposal which "usa today" says demonstrates more political courage the democrats have shown. the white house is saying today it's not even wor ty -- worthy of a response. what are we missing? >> i think we are making progress. they acknowledged they were prepapered to do $800 billion in higher taxes on part of the american economy. that's part of the balanced framework. that's definitely progress. what we need to see is have them acknowledge the rates go up. if they're willing to accept that and commit to that, then we think we could do something good for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make s
will speak later to steve leisman about the fiscal cliff talks. we'll have a preview and discuss what traders want to hear. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> goldman sachs earlier today cutting its outlook for gold and prices are closing right now. we have about a $2 loss in the gold market. sharon epperson is track being the action down at the nymex. sharon? >> gold prices are finishing the day basically flat here, s
of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before t
the impact. >> lower bang for your qe buck as steve liesman put it earlier on. >> thanks for joining us. always good to see you, eyore pento. >> putting fire into the conversation. >> thank you. >>> so much for the holiday cheer. with the rate things are going in washington, there will be plenty of holiday jeer between now and the new year. >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >>> well, two former presidential candidates face off after the break. i feel like i'm going back to 2008 or 2004. steve forbes says no tax hikes for anybody while howard dean argues everybody needs to pay a little more in taxes and not just the upper income. both sides of that coming up here. >> and also just ahead, the ceo of a tech company says he may be forced to cut jobs because of washington's fiscal follies. he's going to be here. he's going to explain how bad it will be, not just for him, but for other companies as well. >> and then later a retail boom on main street and wall street. with just two weeks to go until christmas, we'll tell you
into the new year. today's "closing bell" exchange, gary webbush here with us and steve sax from pro shares advisors and steven gil garcetg and our own jeff cox. no encouraging words out of washington, here we go again, from either the fed or congress. >> right, and frankly that's very expected. there's going to be a -- some grandstanding about your political philosophies right up until the end, but the way i view this is we will not and cannot go over the fiscal cliff. >> you think the can will be kicked down the road. >> well, i think washington learned its lessons from the credit crisis. they are not going to have this go over the cliff, and i think it's going to be a recipe of a small part of cutting spending. a small part of raising taxes and a healthy doze of kicking the gan down the road. >> you would be so sure that these guys cannot do it when in fact here we are 18 days away. steve sax from your standpoint in, terms of etfs and in terms of indexing out there, how do you want to invest given all of these uncertainties as we approach year end? >> i'm in the camp i certainly hope we
are scrambling to figure out what to do. joining us now to analyze in new york is attorney steve greeneberg and from l.a. attorney. first the united states supreme court today announced it will take up two gay marriage cases prop 8 out of california and the defense of marriage act case out of new york. the court could hear the cases as early as march. okay. two big issues here. let's start first with -- i think we will start with the gay marriage issue first and then we will go to the pot question. steve, how do you think it's going to play out the doma case prop 8 case how two different cases how do you think doma case. >> doma case involves whether someone who had lived with domestic partner for 45 years should have to pay estate taxes where if they lived as husband and wife she would not have to pay estate taxes and prop 8 involves whether or not gay marriage is simply legal. i think what we are seeing here they only need four justices to decide whether to take the issue. i think there is a little bit of politics there because if obama appoints more justices, they are not going to have t
. correspondent steve harrigan has the story of an effort to get their son home for the holidays. >> john hammer's family goal was to get him home by christmas now. his parents, lawyer and congresswoman all say they expect his release today. >> amen, hallelujah, wonderful early christmas president for the family. the community rallied for john's liberty. >> the 27-year-old former marine is a combat veteran who served in iraq and afghanistan. after treatment for post traumatic stress disorder he and another former marine bought a used winnebago and planned surfing trip through mexico and costa rica. hammer's family maintains he declared the antique rifle he planned to use the hunt birds to custom agents on both sides of the border. he was arrested after entering mexico a taken to the notorious prison filled with drug cartel where for a time he was chained to a bed. his parents began to receive phone calls that threaten john would be killed unless money was sent by western union. after initial efforts to bring him home failed his family mounted a public campaign. enlisting friends and elected offi
in stocks. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> the opening bell on a tuesday morning. have a look at the s&p at the top of your screen. over at the nasdaq, northwest biotherapeutics on immunotherapy products. lots to watch today. i think we're getting comments slowly out of speaker boehner, which we'll get to in a moment. >> look, a little bit. still some activity before the official end of all activity whatsoever as we head into the christmas holiday. so arbitron up sharply. some people thought they were one company, but they are not. neilsen is a company that has large private equity owners at this time as well making that about $1.2 billion transaction. >> neilsen sha
me now is political strategist steve elmendorf and chris geithner, senior political reporter for buzz feed. steve, i want to go to you first on this. there has been a lot of discussion and a lot of back and forth whether it's a good thing for marriage equality for the supreme court to take up these issues. some folks think better to leave it at the state level. there has been a lot of progress there. are you bullish or bearish on this? >> i'm bullish. i think the supreme court is going to do the right thing. you know, it's hard to predict, but i think the country has been moving so fast in the right direction. the court is not immune to public opinion. the court is not immune to the wind blowing through the country. and it's so clear where we're moving and the progress we've made in the last five years has been amazing. and i think the court is going to do the right thing. >> chris, let's talk a little bit about public opinion. because we have some polling that shows a breathtaking change of public opinion on this. in 2008, 36% of the country supported same-sex marriage. by this year,
. and our steve leesman is one of the lucky few who gets a question and he joins us now from washington. this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from r
. going to places like indiana, this is the next initiative here, where is the next place. >> steve, which states do you think could be targeted next? >> well, i think the republican party has a strategy here to try and weaken institutions that help working families and help the mill class. it's really sad. you know, the republican party isn't doing very well right now. what are they doing, going after labor unions. people forget, all the things we take for granted, whether 2 will be sick leave, available indication days, five-day work week, 40-hour week, it's all because of fights the labor unions did to help the middle class and help working families be competitive in this marketplace. >> do you see any states that might be at risk here? >> do i think what? >> do you see any states that are at risk next? >> oh, yeah, i think the republican party is going to spend a lot of time trying to do this because it's unfortunate because what the republican party ought to be doing is how to change the message to talk to middle class families. the nbc/"wall street journal" poll this morning said rep
conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin
? >> let's bring in republican strategist and former santorum adviser jim brenburger. and steve, let me start with you. the congressman is going to be among five new republicans, including five women. >> first of all, the new senator is actually very conservative. and i think that's good for the party because i think in the most recent elections, we lost sight of the fact that we have to talk to a lot of constituencies. we don't always represent all the people that we should. by bringing in somebody who is not only african-american, but conservative african-american, it gives us a new messenger, and i think that's very, very important to our party. >> well, in both houses, steve, you have a changing demographic. more women as members of congress. more members born in the '80s. you have this dynamics, this emotion from newtown infusing the entire nation. what do you think the cumulative impact might be? >> well, i hope when we start the new congress in january, assuming that we've dealt with the fiscal issues before then, that people will start afresh. in both bodies you have congresses
guys happy. >> no. end the suspense for me and steve and crystal and alleviate trey's boredom and tell us how the story will end. >> i wish i knew the answer. my wife thinks i'm an optimist and thinks it's higher is serotonin. think about the politics and so many moving pieces. all this conversation now about the deals that we are talking about and the boundaries are so narrow and nowhere equal to what we need to do. we top the keep america solvent and the advanced government should do. we need to renew the country and we are not even close to talking about that. you can make it very pessimistic even for this higher is serotonin optimist that we are entering a bad period for the u.s. and unless our folks coming to and get their act together. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and f
by some extent to extend their winning streak to three or more terms in the white house. >> steve smith joining me now and jonathan capehart. steve, i want to you go to chris christie first. that question barbara walters asked him seems to me to be a hurdle he would have to get over in any national campaign. i think barbara is asking what is in the very first set of questions that voters would have on their minds. >> there is no question that its an issue. there is no question it is a legitimate issue. the help of presidential candidates is always a part of a presidential race. it is as physically grueling an experience as you can possibly have. he has done a tremendous job during this crisis in new jersey. it is not analogous to running for president nationally over the course of four years. i think if he is going to be a serious presidential candidate, this is an issue that he is going to have to deal with. i say that as someone who admires him very, very much and hopes very badly that he will run for president as a republican. i think who could help remake the party. >> steve, i do t
when he tried to cross the border with a antique shotgun his family said was an heirloom. steve harrigan is live. >> reporter: after four long months the 27-year-old former marine was released from the notorious prison late friday night after several hours of paperwork. he was accompanied by u.s. consular officials from the border between mexico and texas. he met his father and the two began the drive home. they had to stop off yesterday in a hospital in louisiana room in louisiana, john hammar suffering from the stomach flu. having trouble keeping food down. the goal was to get him home for christmas. looks like it will happen now. heather? >> steve, quite an ordeal for the family to say the very least >> reporter: a very tough time. they received threats, ex-torgs attempts threatening jon would be killed unless they paid money. his mother said only once he crossed the border that she could finally relax. >> it was my first night that i slept all night long without getting up. it was just the thought of not wondering what is going on with him, can anyone hurt him tonight? that
nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve cohen, there is no more remarkable trader out there than this guy. say what you want to about him. if you look at his returns, i think he started in 92, one down here. he is up this year, so far, 10%. that is why the feds are after him. i have been speaking to a lot of people with the fpi. long-term returns, consistent and less volatility. what they do, generally, they look at returns, pretty much steady returns, not a lot of volatility. you look at steve collins return, one down year. you look at warren buffett. he destroys profits over that period of time. buffett has more volatility and returns. steve cohe
is it that steve cohen is pain the legal fees of a four-month trader. investigators are trying to get the slip against his old boss. here is charlie with the very latest. there is two schools hit. number one as companies often paid legal expenses. we should point out that the former hedge fund trader that is at the center of the latest allegation of insider-trading left about two years ago. he is two years out of it. steve cohen is likely to have some sort of cooperation agreement. they share documents. they share strategy. if and when he ever cooperates, and we do know that we want him to cooperate, he still says no. if he ever does cut that deal, he is facing 20 years in jail. if he wants to avoid 20 years, he will know exactly what to say to prepare his defense. the government would only give it to him if he could basically tell him about what steve cohen new about the insider trades that he was accused of. in the indictment, it says that bythat -- he traded those stocks based on insider information. he was not supposed to do that. then he told steve cohen something that caused steve cohen
. >> steve galio was there. >> yeah. it was a pretty interesting day. but i think his comments moved some people, too. >> did we broadcast ray dalion? >> i don't know if we broadcast him live. we should grab some clips and play them on squawk. >> dino, did you have something? >> i think you're on track in terms of the economy. the economy is weak. >> should i be wishing things just bottomed on their own so that we could start policing -- >> i mean, you know, what will be great would be a surge in productivity. you know, a surge of demands externally. >> i can't get here any earlier. we're here at 3:30 in the morning. >> you know, can this economy be more productive? >> go to bed at 8:00. >> can that happen? can we get a surge of external demand? and those things are unlikely or can't be predicted. >> andrew got in earlier today than ever. >> i did. i was coming from the concert last night. no, i wasn't. let's check out the situation in crude today. 86. we're used to that now, too. it's like, okay, 86 is fine. the ten-year, and this, when we used to go and see greenspan down in washington,
steve israel, congressman from new york. plus, we'll also be talking more about what's at stake in washington and how the fiscal cliff is likely to effect investment decisions. we have value investor leon cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the s
allows there. and for that, he was facing 15 years behind bars. steve harrigan live in our south florida newsroom with more now. steve, what do we know about hammar's impending release? >> harris, that release could happen any minute. we have been following the twitter account of his lawyer and talking to his parents. his mother, his father, his attorney and his congresswomen all say that john hammar will be released sometime today. right now he is still in that prison. they say they are filling out the paperwork to get him out. there might be one catch. that antique rifle, that 60-year-old gun that belonged to his great grandfather, john hammar says he wants that back before he leaves. harris? >> harris: we understand he, again, was there to be on a hunting trip. so that was a family hair loom that he had planned to lose in that manner. what kind of share is he in because we have heard all sorts of things about his captivity. >> harris, this drama really started back in august, so he has been in a very tough mexican prison where a lot of drug cartel members are held and he has been stuc
for this, and outside, lining up outside and getting ready for the service inside, steve, your thoughts about, you know, dealing with this and is also that, i know you see senator joe lieberman in line and obviously, he was out here on fox news sunday talking about dealing with this and also, as you mentioned, something we talked about, hollywood, video games and other aspects to what nina talks about, the broad, perhaps, commission approach to a bigger problem. >> yeah, i think if you -- if you -- you know, basically there's going to be this broad national discussion, i hope it's broader rather than more narrow, but what struck me from the words from robbie parker yesterday as he remembered his daughter who died in the shooting was that he took the time to remember and think about the family of the shooter, which i just found, you know, as a of a seven-year-old, five-year-old and a two-year-old, to see him take that time in that moment as he's taking and remembering his own daughter and remember the family of the shooter and say, i'm not mad, i forgive them, i'm thinking about them at
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